SNC Lavalin looking for ways to protect business amid of political crisis

SNC Lavalin looking for ways to protect business amid of political crisis
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  • Country:
  • Canada

SNC Lavalin Group's chief executive said on Friday the company is looking at ways to protect its business in the event it loses a corruption trial that has created a political crisis for Canadian Prime Minister Justin Trudeau.

An SNC-Lavalin board subcommittee is weighing the construction and engineering company's options as it takes "steps to minimize the effect of any potential sort of bad outcome in a few years time," chief executive Neil Bruce told Reuters in an interview.

Trudeau has been on the defensive since Feb. 7 over allegations that top officials working for him leaned on former Justice Minister Jody Wilson-Raybould last year to ensure that the construction company avoided a corruption trial. Trudeau has denied the allegations.

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